TFI International Declares Quarterly Dividend
On September 15, 2020, TFI International declared a quarterly dividend of CAD $0.26 per share, payable on October 15, 2020, to shareholders of record by September 30, 2020.
Sentiment and the balance of points
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Rhea-AI Summary
On September 15, 2020, TFI International declared a quarterly dividend of CAD $0.26 per share, payable on October 15, 2020, to shareholders of record by September 30, 2020. This dividend qualifies as an eligible dividend under Canadian tax regulations. TFI International is a leading North American transportation and logistics company, providing value through strategic acquisitions and a robust network of subsidiaries across various segments including Package and Courier, Less-Than-Truckload, Truckload, and Logistics.
Positive
- Declared quarterly dividend of CAD $0.26 per share, reinforcing shareholder value.
- Solid operational structure with a focus on strategic acquisitions.
Negative
- None.
Details
News Market Reaction – TFII
The recorded move for TFII in the trading session of this news was +0.38%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MONTREAL, Sept. 15, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, declared a quarterly dividend of CAD
This dividend is designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.
ABOUT TFI INTERNATIONAL
TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States, Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments:
- Package and Courier;
- Less-Than-Truckload;
- Truckload;
- Logistics.
TFI International Inc. is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol TFII. For more information, visit www.tfiintl.com.
For further information:
Alain Bédard
Chairman, President and CEO
TFI International Inc.
647-729-4079
abedard@tfiintl.com
FAQ
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